BANKING & FINANCE - June 8, 1991

A stock analyst who lost his job at a Philadelphia brokerage after saying that Donald J. Trump’s empire was built on shaky financial ground has settled a $2-million defamation suit he slapped on the developer for allegedly prompting his dismissal. Marvin Roffman--who was dismissed from Janney Montgomery Scott Inc. after the Trump flap--won $750,000 from his former employer three months ago in an arbitration suit. Roffman sought defamation damages after newspaper stories quoted Trump as calling Roffman “a bad analyst, a man with little talent.” Roffman’s lawyer declined to discuss details of the Trump settlement, citing a confidentiality pact. Spokesmen for Trump could not be reached for comment.